Summary: H.R.4181 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.4181. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (08/09/2019)

This bill amends the Internal Revenue Code to permit penalty-free distributions from a tax-preferred pension plan in chapter 11 bankruptcy proceedings on behalf of employees who, at the time of  filing of the chapter 11 petition, are not regularly scheduled to work for the number of hours they are customarily scheduled to work or are not paid on or before the time they are customarily paid.